Alvarez has a strong track record with producing credits including “Friday,” “Barbershop” and “Ride Along.”

Madigan was hired in September from Anonymous Content, where she was a staff producer following stints with Propaganda Films, Skouras Pictures and Avenue Entertainment. She was a producer on the drama “Winter’s Bone,” which featured a breakout Oscar-nominated performance by Jennifer Lawrence.

Madigan also produced “Laggies,” “White Bird in a Blizzard,” “May in the Summer” and “The Automatic Hate.” She also worked on “Smiley Face,” “Married Life,” “Cleaner,” “Your Friends and Neighbors,” “Case 39” and “Girl Most Likely.”